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20121101
20121130
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Search Results 0 to 17 of about 18
FOX
Nov 7, 2012 4:00am PST
to prepare your portfolio for the "next" 4 years. plus, why the obama win could cause angst for some money managers. yet another uprising rocks greece. and parts of the north east brace and evacuate ahead of a storm. first business starts now. you're watching first business: financial news, analysis, and today's investment ideas. good morning. it's wedensday, november 7th. i'm angela miles. in today's first look: election 2012 turned into the money battle of the century. 6 billion dollars later, networks are projecting the democrats remain in control of the senate, republicans will run the congress and president obama retains the white house. while our journey has been long we have picked ourselves up, we have fought our way back, and we know in our hearts that for the usa the best is yet to come. i have just called pres obama to congratulate him on his victory on election day the dow surged 134 points, the nasdaq up 12 and the s&p 500 up 11. gold and oil also rallied.. with gold continuing to add on another 8 dollars last night.. while oil pulled back a few cents after ralling more t
FOX
Nov 9, 2012 4:00am PST
obama's election win? traders share their opinions later in traders unplugged. but first, in the wake of superstorm sandy, business owners are looking into disaster recovery options. learn how to protect yourself next, with bill moller. recently 2 east coast storms in 2 weeks. the weather can really wreak havoc, not just with lives of citizens, but also with the smooth operation of businesses. companies protect themselves, of course, with insurance, but more & more companies are implementing disaster recovery systems. let's talk with curtis peterson. he's vice president of operations for ringcentral, a cloud business phone system provider. and curtis, a business insures the hardware, but the point is they also need to back up the software, and that's what disaster recovery is all about. > > it sure is. and it's really backing up both. it's making sure that the hardware and is protected, and specifically the data on the systems is retained during any of these types of disasters that you mentioned. > > hurricane sandy took out a lot of businesses along the east coast and their systems.
FOX
Nov 6, 2012 4:00am PST
and president obama criss- crossed the country in last- minute campaign efforts, more than 200 lawyers from the non- partisan "election protection" group spread out across states such as ohio to make sure potential voters were not discriminated against or intimidated. legal challenges that could delay the outcome for weeks are the last things investors say they want. "the worst thing for business is uncertainty, and that's what's affecting the market now." already there have been two dozen lawsuits within the past six months challening photo i.d. requirments and limited poll hours. "there's trillions of dollars sitting on the sidelines. trillions." if the vote is close, it could trigger recounts. in florida, a recount must be completed within 12 days. but in ohio it could take more than a month. and there's provisional ballots, ballots counted only after a voters' elgibility has been proven. more than 200,000 provisional ballots were cast in ohio in 2008. more are expected this time. "my expectation is that by the end of november, we'll know what the outcome is." what triggers a recount var
FOX
Nov 19, 2012 4:00am PST
.8%. president obama is still traveling in asia today, where he is calling for continued political reforms. american pilots will vote again on a contract offer from the airline, which remains in bankruptcy. the pilots rejected a previous offer in august. and a quick check of gas prices shows the price of a gallon of unleaded dropped a couple of pennies last week, but is down dramaticaly from a month ago. let's get some trader thoughts now from scott bauer of trading advantage. happy monday morning to you scott. > > good morning angie. > > there is a lot of talk about this fiscal cliff as you know. but i am hearing that traders really believe there is already a backroom deal in the works. > > you know, that is what they say, and i tend to agree with that. there is no way, it's just inconceivable to think that something has not at least been in the works for a while. certainly there are no i's dotted or t's crossed, but something has been in the works for a while. keep this in mind: what's really important - and we saw the start of this last friday, when the two parties sat down with preside
FOX
Nov 27, 2012 4:00am PST
predicted president obama would be re-elected and that the u.s. is not likely to fall off the fiscal cliff. there are lots of rumblings coming out of washington. let's turn to scott bauer of trading advantage to talk about this alleged fiscal cliff. what do you think - and good morning - deal or no deal, scott? > > good morning angie. yeah, there is going to be a deal. it may not be later this week, it may not be next week, but i think at a minimum we are going to see congress, the president, everyone say, you know what, we are on the table together here, and even if we have to extend this three months, six months, we are going to get it done. there is no way with the recovery that we have seen - and i'm not talking about the stock market recovery, i am talking more of the consumer sentiment recovery, housing recovery - with what we have seen the last quarter of this year, there is no way that the guys in washington can harm that or add anything to take the momentum away from that. it just won't happen. > let's talk about the stock market. what levels are you watching here? > > 1390 really
FOX
Nov 5, 2012 4:00am PST
of campaigning for president obama and gop presidential candidate mitt romney. friday's jobs number was in full focus when both candidates headed to the midwest battleground states. "today our businesses have created nearly five-and-a-half million new jobs, and this morning we learned that companies hired more workers in october than at any time in the last eight months." governor romney also cited the economic data friday during what he called his "closing argument." friday's jobs data was better than expected. 171,000 jobs were added in october. 125,000 were anticipated. employers are adding 150,000 jobs per month on average. despite more jobs added than expected, the unemployment rate ticked up slightly to 7.9% from 7.8%, reflecting more people looking. and it showed job growth across the board with the exception of the government. government jobs dropped by 13,000. a bigger breakdown on the jobs number is coming up later on in the show. voters are paying especially close attention to job growth and the economy. the latest data shows unemployment under 8% and the economy growing with gdp a
FOX
Nov 14, 2012 4:00am PST
. president obama is holding nearly a week's worth of discussions with activists and business leaders from across the country. labor leaders who spent time at the white house tuesday say the president remains committed to tax breaks for the middle class and higher taxes for the wealthy. also yesterday, tech executives from dell, intel, ibm and more warned congress and the president failing to take action is "unacceptable." today he meets with the ceos of ge, walmart and other corporations. david siegel, the ceo who told his employees that some of them would face layoffs if president obama was re-elected, instead handed out 5% raises. his company, westgate resorts, enjoyed record profits this year and he says he wanted to share the wealth. not exactly upbeat about t t t ture, siegel says his employees will need those raises to deal with the impending higer costs he believes everyone will have to dure under an obama administration. a tasty piece of americana may be in jeopardy. hostess brands, the maker of wonder bread, twinkies and ding dongs, is warning that it may be forced to liquidate i
FOX
Nov 15, 2012 4:00am PST
need to check under the hood. plus, tax talk. president obama insists on raising taxes on the wealthy to bring in revenues. why the plan may not fly with republicans. signs the stock market may be out of tune or one company. and, a couple of surprising stocks that stood out in yesterday's sell-off. first business starts now. you're watching first business: financial news, analysis, and today's investment ideas. good morning. it's thursday, november 15th. i'm angela miles. in today's first look: traders will likely react to earnings today from walmart and target after getting clues into how the consumer is holding up. yesterday the market took a plunge. the dow fell nearly 200 points. stocks dropped on fears washington will be slow to break out a workable budget, the fed hinting at the need for more stimulus, and air strikes in the middle east. reports say the federal housing administration is close to running out of money reserves as mortgage delinquencies rise. gm set a goal of producing a half million electric cars per year starting in 2017. and starbucks plans to buy teavana for $
FOX
Nov 29, 2012 4:00am PST
will happen. in today's cover story, president obama opens the white house doors to small business owners. stick around for the inside scoup. plus, will it be in or out for groupon's founder? and, why one trader is buying costco in bulk. first business starts now. you're watching first business: financial news, analysis, and today's investment ideas. good morning. it's thursday, november 29th. i'm angela miles. in today's first look: the president obama / congressman boehner bounce: after struggling through the first half of the session, the dow made a triple-digit turnaround, going from red to green on upbeat budget comments from washington. gold took a hit, while oil slipped a bit. regulators are pushing off the final draft of the volcker rule into next year. the rule limits the ability of banks to trade stocks, options, commodities, and more. aaa predicts gas prices for the year 2012 will be the most expensive ever. the national average is $3.63 per gallon, topping $3.51 in 2011. the current price is $3.41, down a penny in the past week. mark sebastian of option pit mentoring and c
FOX
Nov 2, 2012 4:00am PDT
president obama, citing his record on climate change issues such as raising fuel emissions standards. meanwhile, gop vice presidential candidate paul ryan suggests taking another route. his idea is to drill for oil in the arctic, then invest the profits in renewable energy. consumers proved to be in a spending mood this october. the international council of shopping centers says retailers are reporting modest gains for the month. costco was one of those stores, with sales rising 7% from the same time last year. macy's' same-store sales popped 4.1%, while target saw a smaller increase of 2.4% - lower than analyst expectations. however, superstorm sandy remains a concern going forward. analysts think some consumers along the east coat may have spent extra preparing for sandy and that it could have an impact on christmas spending. retailers hope the spending trend continues into the holiday shopping season. big retailers such as best buy, macy's, kohl's and walmart all open bright and early at 12 am on black friday. kmart opens at 5 am and toys 'r' us at 9 am. and online shopping isn't
FOX
Nov 12, 2012 4:00am PST
. > > larry levin of trading advantage. always a pleasure larry. > > thank you. president obama will hold a news conference wednesday to speak to the nation about the fiscal cliff, and he's calling congressional leaders to the white house on friday. chuck coppola joins us in the newsroom with more. the so-called fiscal cliff is right smack in the middle of the agenda in washington, and as our cover story shows you, the president and congressional leaders have already staked out their positions. president obama called on house republicans to give certainty to middle class families by extending middle class tax cuts immediately, before they run out at the end of the year. "i've got the pen ready to sign the bill right away. i'm ready to do it." fairness in taxes proved a key issue during the campaign. extending a tax cut for the middle class now would effectively keep republicans from holding it hostage later in negotiations to extend all tax cuts, including those for the rich. "i'm not going to ask students and seniors and middle-class families to pay down the entire deficit while people l
FOX
Nov 28, 2012 4:00am PST
alternatives. > > thank you. president obama hits the road this week to talk directly with americans about budget plans, possibly in hopes of putting pressure on his republican opponents to compromise on a budget deal. the president will meet with middle class americans today at the white house and then travel to the suburbs of philadelphia friday. top ceos from across the country including llyod blankfein of goldman sachs will be talking with congressional leaders on the hill. those same ceos will then meet seperatly with the president. despite signs that negotations between the gop and president obama may be faltering, the white house spokesman is putting out an optimistic tone. "i would point to comments by members of both parties that demonstrate, i think, significant movement toward compromise that, as i have seen and as you and others i'm sure have reported on, demonstrate a change in tone." the president and republicans have just 33 days to avoid another recession. at the end of the year, tax breaks expire and drastic spending cuts are due to take effect. bracing for those higher ta
FOX
Nov 30, 2012 4:00am PST
one. > > you too. president obama heads to philadelphia today to visit a toy manufacturing plant. it's where he will also talk about his plan to avert the so-called fiscal cliff. comments yesterday from house speaker john bohener hinted lawmakers are back to square one on settling the cliff chatter. "no subsantive progress has been made in the talks between the white house and and the house over the last two weeks." the stock market briefly sold off on boehner's comments, but then bounced back. optimism had been growing after president obama and representative boehner made remarks wednesday that a deal could be worked out. now speaker boehner insists there are still many roadblocks in the way. last night, boehner offered no details but rejected the democrats' $4-trillion plan presented by treasury secretary timothy geithner. investors have a more optimistic view on the global economy. a new survey by bloomberg shows 2/3 of investors surveyed described the worldwide economy has either stable or improving. overall, they considered the global economy to be in the best shape in 18 month
FOX
Nov 13, 2012 4:00am PST
and republicans face that looming fiscal cliff. today at the white house, president obama meets with the leaders of labor and progressive groups. wednesday he's invited top business leaders over for talks. reports say the ceos of ge, honeywell, walmart, ibm and more will be there. the president then meets with congressional leaders friday to address the cliff. "i intend to work with both parties. i said over and over again on the campaign trail, we can't cut our way to recovery, we have to ask the wealthiest americans to pay more." "instead of raising tax rates on the american people and accepting the damage it will do to our economy, let's start to actually solve the problem. "let's focus on tax reform that closes special interest loopholes and lowers tax rates." without an agreement between lawmakers, $600 billion in automatic spending cuts plus tax hikes affecting all americans are set to trigger at the end of the year. greece remains a country on the brink. sunday greek leaders approved a 2013 budget that includes deep spending cuts to pensions and wages, even as protesters took to the stre
FOX
Nov 16, 2012 4:00am PST
. president obama is corralling in friends and foes from congress today to figure out how to avert going over the fiscal cliff. meanwhile, the market continues to drift lower in what could become one of the worst weeks in months. dell dinged while gap is giddy. the computer company reported earnings last night. earnings were down 47% on slipping pc sales. however, dell backed its full-year forecast. gap shares rallied nearly 4% after the close on better-than-expected earnings news. fed chair ben bernanke says mortgage lending standards are too tight, preventing people with sturdy credit from buying homes. meanwhile, mortgage rates dropped to another record low. the 30-year drops a notch to 3.34%, the 15-year to 2.65. today's trader talk takes us around the world with gary kozlowski. good morning to you. > > good morning. > > let's start with the good old u.s. of a, and cliffs and bluffs. what is the market telling you about the so-called fiscal cliff? will we see a resolution? > > there is some uncertainty that's going on, because what we're seeing, with everybody so concerned, you would thin
FOX
Nov 20, 2012 4:00am PST
, president obama and other high-ranking administration and congressional officials seemed to hint to the media that a fiscal cliff deal would happen before the middle of or end of december, and thus risk assets took that as meaning that, really in the background, fiscal cliff negotiations are speeding up and are intensifying, and that we will have a solution. so monday's trade was really about a fiscal cliff solution. the dollar was lower, commodity prices were higher, and equities of course were higher as well. > > equities were much higher. how much of that has to do though with maybe some oversold conditions in the market? > > i think oversold conditions certainly are a part of it. the idea that the fiscal cliff will get resolved in short order is another part of it. and then third, yields on treasuries remain awfully paltry and small. you saw treasuries sell off during the course of monday. the treasury curse deepened. and really equities were the beneficiary of those capital flows as there was large asset allocation trade out of bond futures and into equity futures. > > you m
FOX
Nov 1, 2012 4:00am PDT
of money after the election? > > i don't. i think that what you'll see is an obama victory will be met with a small rally followed by some selling, and a romney victory will be met with some buying. but i think that the money is going to stay held tightly in hand, because right now most people are still trading ben bernanke and the fed and the money-printing system, and we know that in the long run that's not a great system to be trading. so better to be in cash than to try and case for yield in a field where you can't really find true answers yet. > > but at least the economy is still clicking. good to have you on the show this morning, todd. take care. > > thank you so much. have a great day. some airlines have resumed limited service to some of new york's airports, but some have not, and it's leaving some passengers, especially business travelers, up in the air. in our cover story, the reasons your meetings may be cancelled are underwater at the end of a runway. airlines hope to resume flights to new york's laguardia airport thursday afternoon. limited service returned to jfk and ne
FOX
Nov 21, 2012 4:00am PST
cliff sooner rather than later, otherwise the nation will return to recession. the obama administartion formally proposed new rules on healthcare, including requiring coverage for pre-existing conditions and minimum health benefits for millions. and in earnings after hours, salesforce.com rallied on better-than-expected news, while the zale fell 10% as the company lost some shine on earnings. larry shover of sfg alternatives joins us now. those reports larry of cease-fire coming out of israel really rocked the oil market yesterday. what do you anticipate for today? > > i anticipate the trend to continue. keep in mind, before we had this cease-fire, a month ago, there was a big downward trend in the oil price. so i just expect that momentum to continue. refinery margins are really high, there is a lot of supply. i expect oil to continue to lower in price. > > what about greece? will we be able to get any closure there with the bailout money? > > i think the only way we are going to get closure is when people are willing to forgive and write down their debt, because that is the only way i
Search Results 0 to 17 of about 18